---
kind: "section"
citation: "12 C.F.R. § 270.1"
title: "12"
number: "270.1"
heading: "Authority."
url: "https://uscodex.org/cfr/12/270.1"
---

# §270.1. Authority.


This part is issued by the Federal Open Market Committee (the “Committee”) pursuant to authority conferred upon it by sections 12A and 14 of the Federal Reserve Act (12 U.S.C. [263](/usc/12/263.md), [355](/usc/12/355.md)).


## Notes

### Authority

Authority: Sec. 8, 48 Stat. 168, as amended (12 U.S.C. 263).

### Source

Source: 38 FR 2753, Jan. 30, 1973, unless otherwise noted.